Category: Kevin Gallagher

China strengthens ties to cash-strapped Venezuela with $5 billion loan

Washington Post Kevin Gallagher, College of Arts & Sciences, Pardee School of Global Studies In the olden days of Latin American financial turmoil, the emergency creditors at the International Monetary Fund and the World Bank insisted on tying strings to their money… Expert quote: “They clearly stand to lose the whole $50 billion-plus if the […]

The tapering policy and its role on U.S. economic recovery

Money Market Kevin Gallagher, College of Arts & Sciences, Pardee School of Global Studies With growth in China and India now slowing, Japan’s recession and Europe’s uncertainty concerning Greece, the U.S. is considered the only hope for the world’s economy after the financial crisis that took place in 2008, given that it is one of […]

Safeguarding financial stability in the TPP

Latin America Goes Global By Kevin Gallagher, College of Arts & Sciences, Pardee School of Global Studies Chilean and Peruvian officials will meet with their counterparts later this month in what may be one of the final stages in the negotiation of the Trans-Pacific Partnership (TPP). If completed the TPP will bring together 12 key […]

Demise of the US Ex-Im Bank would leave the field to China

Financial Times (subscription required) Co-written by Kevin Gallagher, College of Arts & Sciences, Pardee School of Global Studies Former US Secretary of State Dean Acheson famously wrote that his generation was ‘present at the creation’ of the world order that ushered in US leadership… View full article by expert Kevin Gallagher 

Reps unsure on trade treaty

Lowell Sun Kevin Gallagher, College of Arts & Sciences, Pardee School of Global Studies A massive trade deal will be before the House of Representatives soon, but local representatives are still undecided on how they will vote… Expert quote: “The economic benefits are small and the regulatory risk is high. It puts a lot of […]

China Reforms Head Down Path Littered With Crisis Casualties

Bloomberg Kevin Gallagher, College of Arts & Sciences, Pardee School of Global Studies More than three decades after Deng Xiaoping led Communist China down the path of economic liberalization, its current-day leaders are taking the nation into what may be the trickiest reform stage yet… Expert quote: “History shows that if China prematurely opens the […]

Chinese investment not Brazil panacea: analysts

AFP Kevin Gallagher, College of Arts & Sciences, Pardee School of Global Studies Brazil may have received a $53 billion investment boost from China but the South American giant would be unwise to view investment from the Asian superpower as a panacea to its economic woes, analysts said… Expert quote: “Growth projections are way down […]

Latin America needs China to help close infrastructure gap

Financial Times (subscription required) By Kevin Gallagher, College of Arts & Sciences, Pardee School of Global Studies To many South American leaders, Chinese Premier Li Keqiang’s visit this week couldn’t come at a better time, and from a better country. China has been busy with Latin America, surpassing the United States as South America’s leading […]

China, Brazil, Peru Eye Transcontinental Railway Megaproject

International Business Times Kevin Gallagher, College of Arts & Sciences, Pardee School of Global Studies A major South American infrastructure deal is in the works as China’s prime minister tours the region this week… Expert quote: “Latin America will benefit the most if this is done right. High-speed rail could help get products to the Pacific, […]